WWE could renew CM Punk’s contract this month?
By Jack Crosby
Aside from some rumors here and there, you don’t really hear a lot anymore in regards to CM Punk and his status with WWE. But, that will definitely be changing very soon as the contract of the star who walked out of the company this past January is set to expire any day, and WWE will have to decide what they want to do.
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Punk stated in one of the few interviews that he’s done since he left the company that his contract does indeed expire in this month of July, and as Dave Meltzer of the Wrestling Observer pointed out a while ago, there is a chance that WWE could renew his deal utilizing a special clause the performers have in their contracts.
He cited Rey Mysterio as an example.
"Since a lot of people have asked about this related to Mysterio and last week’s issue, all standard WWE contracts are written with the clause that the company can extend the contract based on the wrestlers not performing for an extended period of time due to an injury. So WWE doing the automatic renewal of his expiring contract is something specifically mentioned in his deal and in all standard deals. I haven’t heard of it being used for anyone else. They could do that with Punk in July should they choose. The advantage is that they could keep him from working for anyone else. The disadvantage is if they did renew him, they’d have to pay him his downside, which right now, they wouldn’t be paying him since he’s refusing to work."
The “keep him from working with anyone else” part is the key in all of this. Despite not working, CM Punk is money, everywhere he goes. With his love for the wrestling business running so deep since he was younger, should he get that fire back at some point to return to the ring, WWE would want it to be for them, and only them.
Whatever the case may be, things are about to get very interesting in the coming days.